Bhubaneswar is slowly turning out to be a preferred destination for many IT companies these days. Being the fastest growing I.T hub, this slumbering city ranks at no.3 in terms of business growth according to the World Bank. The startup culture is in its epitome in Bhubaneswar and companies are looking forward to avail office spaces in Bhubaneswar. Gaining reference from big-time technology firms like Tatwa Technologies, Mindfire Solutions, CSM Technologies, Luminous Infoways, Divensi Inc. Pvt Ltd. that started in Bhubaneswar and stayed back to make it large. While many IT giants like Infosys, TCS, Mahindra Satyam, Wipro have all been here for years.
According to reports, the turnover of Bhubaneswar has grown to Rs. 1800 crores in 2012-13, putting the location in an admirable position in the IT map of the country. The Odisha government has proposed to set up an ITIR (Information Technology Investment Region) and made an investment of around Rs. 16, 043 crores. As a matter of fact, things are going to get better soon. With proper policies and transparent operations that contribute to technology and business from the government, the city has become a primary option for engineering, pure science, business management in eastern India.
Talk of the reasons for choosing Bhubaneswar, there endless. However, it majorly includes the affordable cost of living, lesser traffic, and low crime rate, no water shortage, no power cuts, making it one of the best cities to have office spaces in Bhubaneswar. The trend will certainly the young engineering graduates who had no choice except leaving the city to seek better career opportunities.
When major I.T companies like Infosys started their operation in Bhubaneswar, this resulted in the expansion of the I.T sector in the city. This showcase the immense faith reposed by investors in the capital city of Odisha. It’s clear that the city is an emerging I.T hub which is going to take the world by storm.